Evergreen Capital Management LLC Buys 26,508 Shares of Banco Bilbao Viscaya Argentaria S.A. $BBVA

Evergreen Capital Management LLC grew its stake in shares of Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) by 50.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 79,135 shares of the bank’s stock after purchasing an additional 26,508 shares during the period. Evergreen Capital Management LLC’s holdings in Banco Bilbao Viscaya Argentaria were worth $1,523,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of BBVA. Bank of America Corp DE boosted its position in Banco Bilbao Viscaya Argentaria by 28.0% during the 2nd quarter. Bank of America Corp DE now owns 9,288,196 shares of the bank’s stock valued at $142,760,000 after acquiring an additional 2,034,318 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Banco Bilbao Viscaya Argentaria by 17.1% during the second quarter. Envestnet Asset Management Inc. now owns 4,375,294 shares of the bank’s stock valued at $67,247,000 after purchasing an additional 637,519 shares in the last quarter. JPMorgan Chase & Co. grew its stake in Banco Bilbao Viscaya Argentaria by 11.4% in the second quarter. JPMorgan Chase & Co. now owns 4,548,398 shares of the bank’s stock worth $69,909,000 after purchasing an additional 467,226 shares during the period. Assetmark Inc. raised its holdings in Banco Bilbao Viscaya Argentaria by 1,198.6% in the second quarter. Assetmark Inc. now owns 491,502 shares of the bank’s stock worth $7,554,000 after purchasing an additional 453,654 shares in the last quarter. Finally, Osaic Holdings Inc. boosted its holdings in shares of Banco Bilbao Viscaya Argentaria by 612.4% during the 2nd quarter. Osaic Holdings Inc. now owns 515,444 shares of the bank’s stock valued at $7,922,000 after buying an additional 443,092 shares in the last quarter. 2.96% of the stock is owned by institutional investors.

Banco Bilbao Viscaya Argentaria Stock Up 1.2%

Banco Bilbao Viscaya Argentaria stock opened at $24.38 on Monday. Banco Bilbao Viscaya Argentaria S.A. has a 52-week low of $10.60 and a 52-week high of $24.82. The company has a market cap of $140.51 billion, a P/E ratio of 12.76, a P/E/G ratio of 0.97 and a beta of 0.82. The business has a 50-day simple moving average of $22.48 and a two-hundred day simple moving average of $19.66.

Banco Bilbao Viscaya Argentaria (NYSE:BBVA) last posted its quarterly earnings data on Thursday, October 30th. The bank reported $0.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.48 by $0.01. Banco Bilbao Viscaya Argentaria had a net margin of 28.58% and a return on equity of 17.07%. The company had revenue of $10.59 billion for the quarter, compared to the consensus estimate of $10.47 billion. Research analysts anticipate that Banco Bilbao Viscaya Argentaria S.A. will post 1.59 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

BBVA has been the subject of several research reports. Weiss Ratings reiterated a “buy (b+)” rating on shares of Banco Bilbao Viscaya Argentaria in a research note on Monday, December 29th. Wall Street Zen downgraded Banco Bilbao Viscaya Argentaria from a “buy” rating to a “hold” rating in a research note on Saturday. Zacks Research cut Banco Bilbao Viscaya Argentaria from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 10th. Finally, Morgan Stanley initiated coverage on shares of Banco Bilbao Viscaya Argentaria in a research note on Tuesday, October 21st. They set an “equal weight” rating for the company. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy”.

Banco Bilbao Viscaya Argentaria Company Profile

Banco Bilbao Vizcaya Argentaria (NYSE:BBVA) is a Spanish multinational financial services group headquartered in Bilbao, Spain. The bank traces its roots to several historic regional banks and was formed through a series of mergers that consolidated its position as one of Spain’s largest banking groups. BBVA operates as a universal bank offering a broad range of financial services to retail, corporate and institutional clients.

BBVA’s core businesses include retail and commercial banking, corporate and investment banking, private banking and wealth management, asset management, and insurance.